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Gaming and Leisure Properties Enters Joint Venture with Prologis, Inc. to Develop the Former Hollywood Casino Joliet Site
GlobeNewswire Inc.·
Gaming and Leisure Properties (GLPI) announced a joint venture with Prologis (PLD) to develop the former Hollywood Casino Joliet site into a Class A warehouse and distribution park. GLPI will contribute the 262-acre parcel while Prologis serves as managing member and developer. The project, expected to span five years in three phases, will create over 3.8 million square feet of industrial space, marking GLPI's first expansion outside the gaming sector.
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